Locked content NBP: banks expect flat demand for loans in Q2

According to a survey conducted by Poland’s Central Bank (NBP), the banks don’t expect a major shift in demand for loans in Q2, despite not planning any further changes to the lending criteria, which were tightened in Q1. The only segment where they expect an increase is for long-term co...

Housing loans up, consumer loans down in February – BIK

In February, Polish banks issued 484.8k consumer loans worth PLN 5.7 billion, representing a 10.7 increase a 10.1 percent increase in the number and 3.5 percent decline in value y/y. The number of housing loans was up by 14.9 percent to 18.1k while their value grew to PLN 3.8 billion, representing a...

Loans up by 4,2%, deposits by 8.3% at end-February

The Polish Financial Supervision Authority (KNF) published data regarding banks’ loans and deposits in the first two months of this year. The total value of loans in the banking sector in Poland, including foreign units, increased by 4.2 percent y/y reaching PLN 1,017.68 billion. The value of ...

Locked content BZ WBK looks to increase loans in 2017

Bank Zachodni WBK expects growth in demand for loans this year, CEO Michał Gajewski said on Wednesday. He was speaking at a press conference. “Indeed, we have a very clear surplus of deposits over loans. We will be watching the market, how much demand for loans will increase. The projections of our ...

Locked content mBank supports Atal with PLN 20 mln loan

Real estate developer Atal has obtained a loan of PLN 20 million from commercial lender mBank, the company informed in a statement. The developer intends to use the funds to finance its Atal Malta estate in Poznań, which will comprise about 130-140 apartments. The loan must be repaid by September 28...

Locked content NBP: Consumer loans up 0.8%; housing loans down 0.2%

The value of consumer credits increased by 0.8 percent or PLN 1.29 billion in August month-on-month and reached PLN 161.4 billion, the National Bank of Poland (NBP) announced on Thursday. The NBP also informed that the value of mortgages taken by households declined by 0.2 percent in August m/m to P...